iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

LULU: Trade Idea

$LULU is pushing to highs on the day, reclaiming the 50 day moving average as well as new buyers. I like the stock here with a stop under $57, should the 50 day fail to hold.

Earnings are up next week, and I’m looking for a squeeze into the event. Here’s a daily look at the recent price action:

lulu__

Note: These are the types of setups and trades we look to take inside the Exodus trading room. Come check out the trading side of iBC HERE.

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4 comments

  1. marc

    how about the breakout of $JD here

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  2. MSGT HARTMAN

    S-Score: 1.53 – positive
    Algo: 3.4 – neutral
    Recognia – 2 to 6 weeks strong sentiment

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  3. matt_bear

    rise into earnings, then drop?

    (i really wanted a much larger position back at 55 and i missed 🙂 )

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